MULTI-FAMILY FINANCING FOR APARTMENT BUILDINGS
Residential rental properties like single family homes, condominiums, town homes and small apartment buildings. Our residential investment property loans are asset-based not income-based, making it easier to qualify W-2 and self-employed investors for rental property financing. Our rental property loan financing specialists are experts at qualifying W-2 and self‑employed real estate investors.
FlexPerm Loan: An uncomplicated option that combines the security of a fixed-term loan with flexible fixed-term lengths and the option to remain in the loan for up to 30 years with no balloon payment.
To qualify as a multi-family investment property, the building must have five or more dwellings (apartments), whereas buildings with four or less units are still classified as residential 1-4 investment properties in most states. To real estate investors, a multi-family apartment building is a solid real estate investment strategy for generating revenue since its cash flow is significantly higher than a single-family property and its operating cost is less influenced by any single vacancy. Our common-sense approach to multi-family property financing allows us to offer flexible loan options to meet the unique needs of investors. If you have investors interested in financing for apartment buildings with five or more units, our asset-based mortgage programs can help you meet the needs of self-employed borrowers who often invest in multi-family buildings and write off their expenses against income. While this is a wise tax-saving strategy for real estate investors, it reduces the borrower's personal income and may make it difficult to qualify them for a traditional mortgage loan.
Our FlexPerm loan is great option for multi-family property investors since it offers:
Mixed-use property financing applies to properties that are comprised of multiple units zoned for different uses, including residential, commercial, industrial and institutional. Almost any building with at least two units of different usage qualifies for mixed-use financing. Both business owners and real estate investors may seek a mixed-use property loan. Business owners will often live in one of the residential units and operate out of the commercial space while real estate investors will typically act as the landlord for both the residential and commercial tenants. While residential tenants provide a more stable source of rental income, commercial tenants, such as ground floor retail, are usually willing to pay more for rent. Therefore, commercial tenants play an important role in evaluating the revenue potential of mixed-use properties. As a result, the value of two different buildings in the same area may differ simply because of the composition of their tenants. Our FlexPerm mixed-use property financing program offers your investors easy qualification on the purchase or cash-out refinance of a mixed-use building and includes the flexibility to remain in the loan for up to 30 years. Since our FlexPerm loan is asset-based, personal income isn’t required. The loan amount is based on the value of the property and its revenue-generating potential. This is where our expertise in evaluating the tenant mix and value of mixed-use buildings is essential in approving loans for self-employed investors and small business owners.
Small business owners and investors utilize small commercial properties nationwide to support and operate their businesses. We believe strongly in this type of asset and have developed financing solutions for commercial real estate loans designed specifically to help entrepreneurs achieve their vision of real estate ownership. We provide loans for a wide variety of commercial properties, including:
Our FlexPerm Loan has many benefits for commercial real estate investors and small business owners:
Lock in long-term financing and avoid the balloon payment associated with most private money loans.
Designed for investors seeking a simple financing solution for purchase or refinance, with the flexibility to remain in the loan
for up to 30 years.
The best short-term solution for acquiring and improving property value.
Designed for “fix-and-flip” investors who are seeking a short-term, interest-only loan to acquire and improve a property based on its “as repaired value” (ARV).
A short-term interest-only loan program.
Designed for investors seeking short-term financing with no prepay penalties.
A low LTV loan with easy credit requirements.
Our Fast50 Loan is designed for investors with derogatory credit issues and high equity seeking quick and easy credit qualification.
The perfect option for foreign real estate investors.
Our Foreign Investor program is specifically designed for foreign investors who are seeking investment properties in the U.S. but have not found a financial solution.
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